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Brazil Adjusts IOF Tax Threshold

Jun 15, 2012

Brazil has changed its 6% IOF tax to apply to corporate loans with average maturity of up to 2 years, as opposed to loans of up to 5 years. While the move may signal a shift in government attitudes towards currency appreciation, there is...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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